Golden Lake TSXV:GLM, OTC:GOLXF in Nevada next to i-80 Gold, McEwen, North Peak - PlayStocks

Golden Lake TSXV:GLM, OTC:GOLXF in Nevada next to i-80 Gold, McEwen, North Peak

  • Post
    RonS
    Keymaster
    none
    On the map below, the CRD Deposits are aligned in a north-south trend over 10km from the Ruby Deeps, Hilltop deposits to the north on 1-80 ground (green) to the Diamond/Excelsior deposits to the south, North Peak ground (kind of beige). GLM’s Jewel Ridge is yellow highlighted in red.

    These deposits are all related to a north-south fault complex. The Magnet Ridge target (blackoval) is situated in the heart of the corridor and comprises an untested 800-metre-long IP anomaly.

    North Peak Drilling is at the bottom of this IP anomaly.

    Further more McEwen Mining just acquired junior Timberline Resources for about $25 million for their Eureka property above and below Golden Lake’s Jewel Ridge.
    This area is smoking hot, McEwen just paid 5 times the value of GLM for Timberline and I believe GLM has a better property, but has not had enough drilling yet.

    This is a closeup and shows better detail. North Peak is getting good results and they are not even in the strong spot of the anomaly in pink.
    The property is well located proximal to infrastructure and is immediately adjacent to successful, high-profile exploration programs currently being undertaken by both i-80 Gold Corp. and North Peak Resources Ltd. on their neighbouring Ruby Hill and Prospect Mountain properties, respectively. And McEwen Mining will get active here, now that they bought out Timberline.

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      ron
      Participant
      CA
      Stock down on bad drill results,

      Golden Lake Reports Autumn Drill Program Results On Its Jewel Ridge Property In The Battle Mountain-Eureka Gold Belt, Eureka County, Nevada
      <h4 style=”font-size: 12px; color: #666666; font-family: var(–sans-serif);”></h4>
      <p style=”color: #000000; font-family: Verdana, Arial, Helvetica, sans-serif; font-size: 13px;”>2024-12-12 09:01 ET – News Release</p>
      <p style=”color: #000000; font-family: Verdana, Arial, Helvetica, sans-serif; font-size: 13px;”></p>
       

      VANCOUVER, BC / ACCESSWIRE / December 12, 2024 / Golden Lake Exploration Inc. (CSE:GLM) (“GLM” or “Golden Lake” or the “Company”) (OTCQB:GOLXF) today reports the results of its autumn drill program, recently completed on its flagship Jewel Ridge property (the “Property”), located in the prolific Battle Mountain-Eureka gold trend of Nevada.

      https://www.stockwatch.com/News/Item/Z-C!GLM-3632641/C/GLM

      Gambler
      Participant
      none
      Golden Lake announced that it has expanded its current drilling program to include drilling on the high-grade Sterling Tunnel mine. The additional drilling is supplementary to Golden Lake’s current ongoing program on its flagship Jewel Ridge

      Grab sampling of mine dump and outcropping mineralization by Golden Lake personnel and Homestake Mining at Sterling Tunnel, returned the following high-grade assays:

      • 29.49 g/t gold, 181.00 g/t silver, 0.89% lead & 0.40% zinc<sup>1</sup>
      • 11.69 g/t gold, 333.00 g/t silver, 4.00% lead & 0.61 % zinc
      • 7.95 g/t gold, 223.00 g/t silver, 0.92% lead & 1.44% zinc
      • 7.70 g/t gold, 209.00 g/t silver, 3.76% lead & 8.46% zinc
      • 0.30 g/t gold, 42.00 g/t silver, 0.35% lead & 9.53% zinc
        ron
        Participant
        CA
        Bought 15,000 shares this morning, guess speculation in a stock before drill results is a thing of the past, no speculation at all with GLM and same thing with ZON.
      Hoss
      Participant
      none
      Gambler, agree this could be one of those few juniors that moves up ahead of results. I bought a good position
      AlexGreat
      Participant
      none
      Golden Lake Sept 16 is pleased to announce it has retained HD Drilling Services, based out of Winnemucca, Nevada, to undertake the upcoming drill program at the Jewel Ridge Project, Nevada. Drilling is expected to commence the week of September 23<sup>rd</sup>, 2024, when the BLM has provided written confirmation that the reclamation bond has been received.

      “We are very eager to get this long-awaited program started. A lot of hard work has gone into correlating all the data we have obtained through various work programs of our own and those of our neighbors over the last two years,” stated Mike England, CEO and President of Golden Lake.

      The initial phase one program is expected to consist of drilling a minimum of 4 high priority holes covering approximately 1,700 meters (5,000 feet) using a Reverse Circulation (RC) drill. Details of the targets to be drilled in this program can be found on our website at https://www.goldenlakex.com/jewelridge.

      I think this will be a very watched drill program

        ron
        Participant
        CA
        It’s down today 30% since last week at $0.04, bad drill results released soon ???
      Gambler
      Participant
      none
      Golden Lake is starting the drill program. This will be very interesting
      ron
      Participant
      CA
      RonS,  I didn’t receive your post in my email because the small square was not checked, can it be done automatically, otherwise we need to go to each stock forum to checked it,

      Also, there should be a space between our text and the edit message sent to us.

      • This reply was modified 4 months, 3 weeks ago by ron.
      AlexGreat
      Participant
      none
      RonS, surprised but thanks for starting this topic so soon. I am in, just bought a position
        ron
        Participant
        CA
        I’m still waiting, but might buy today !!!
        • This reply was modified 4 months, 3 weeks ago by ron.
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